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battery minerals

Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US

Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […]

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Battery Storage Era: 5 Reasons BESS Is Supercharging the RE Revolution

Among many things, 2024 will probably remain a marker for the momentum it built up for Battery Energy Storage Systems (BESS). So sharp has been the pick up here that even countries like the UK which had special focus on Pumped Hydro Storage (PSP) have changed rules in recent weeks to allow BESS projects to […]

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BatX Energies Starts New Lithium-Ion Battery Recycling Facility In UP

BatX Energies Pvt. Ltd, an Indian lithium-ion battery recycling company, has inaugurated its new Critical Minerals Extraction plant (HUB-1) in Uttar Pradesh. This marks a significant leap for the firm’s expertise in extracting vital materials such as lithium, cobalt, nickel, and manganese from used lithium-ion batteries, directly addressing the challenges of resource scarcity. These critical […]

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Will India’s Lithium Battery Makers Be Next In Line For Protection From China?

Following the extended trend of protective measures for solar PV manufacturing, and more recently, solar glass, Li-Ion (or LFP ) battery manufacturing could emerge as the next sector to receive similar support from the Indian government. State policies are increasingly being used as a tool to shield domestic industries from the challenges posed by inexpensive […]

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The Emissions Impact of Repurposed EV Battery Packs in Residential Settings

The popularity of plug-in electric vehicles (PEVs) has taken off, thanks to better batteries, lower costs, and strong policy support. However, as electric mobility becomes more mainstream, a crucial question arises, what happens to these batteries when they are no longer usable? With 1.2 million electric vehicle batteries predicted to be decommissioned worldwide by 2030 […]

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IESA Backs Easier Visa Norms For Battery Professionals, Incentives for ACC Batteries

Industry body, India Energy Storage Alliance (IESA) has advocated for the ACC Battery industry and parity of policy between ACC-PLI bid winners and non-PLI companies for issuing business visas to foreign experts for the installation and commissioning of ACC Factories in India. IESA organized multiple stakeholder consultations to gather industry challenges faced by the Indian […]

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Battery Recycling Can Slash Global Lithium Demand By 46%: RMI

A latest report from global energy think tank–RMI said that mineral recycling can aid in slashing the global Lithium demand by around 46 percent. Battery demand is expected to surge in the coming years. To meet this demand, RMI said that rather than focusing solely on new extraction, countries can focus on battery recycling. Currently, energy […]

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Global Investments In Battery To Decline In 2024: Rystad Report

Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research. The researchers attributed this trend owing to a slump in battery infrastructure investments in mainland China for the global slowdown, as the Asian economic […]

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Budget: Provision For Critical Minerals, Lithium To Boost EV Growth

The latest budget announced by Union Finance Nirmala Sitharaman announced several interventions that can fuel the growth of Electric Vehicles (EVs) and battery industries across the country.  In the recent budget released by the minister in the Parliament, she announced to reduction the Basic Customs Duty (BCD) to zero on critical minerals and numerous components. […]

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